Offers Over £270,000
Introducing Manchester, a city renowned for its rich history and innovative spirit, where the modern world was born. REF: HAROS
While Manchester was once exclusively hailed as the 'Warehouse City,' it has gracefully transformed into a multifaceted urban hub. Today, it stands at the cusp of an exciting economic renaissance, presenting an exceptional investment opportunity for both business and student professionals alike.
This thriving city boasts a dynamic cultural and leisure scene, complemented by a plethora of first-class employment prospects. Global titans such as Google, HSBC, and the BBC have been lured to its vibrant landscape, marking a decisive shift of the entertainment industry from London to Manchester's MediaCityUK.
Situated in the southwest sector of the city center, the Deansgate and Castlefield districts are famous for their historic canals and lively high streets. Here, a burgeoning bar and culinary scene beckon young professionals for post-work gatherings. A diverse array of establishments offers entertainment options for every age, budget, and taste.
Venturing a bit further, one discovers Trafford, a thriving business and enterprise hub boasting the highest concentration of companies per capita. It's a place where businesses of all sizes, from nimble tech startups to global corporate giants, have chosen to establish their presence.
But Trafford is more than a corporate epicenter; it's a hub of leisure and sports. Hosting iconic venues like Manchester United's Old Trafford football stadium and Lancashire County Cricket Club, Trafford attracts visitors from all corners of the country for major national events.
Yet, it's not just the dynamic economy and diverse leisure offerings that make Manchester an attractive proposition. Its exceptional connectivity further enhances its allure. Manchester Airport, the UK's second-largest, is a mere 10-minute drive away, facilitating direct flights to key global commercial centers.
On the local front, Manchester boasts the largest tram network in the UK, providing seamless citywide mobility. Moreover, the imminent connection to the High Speed 2 (HS2) rail network promises even greater accessibility and opportunities.
Veneer finished doors complemented by chrome handles
Brand-new UPVC windows
Wood-effect vinyl plank flooring throughout the apartments
Bedroom floors adorned with carpet tiling
Well-appointed kitchens boasting:
Carron Phoenix single bowl stainless steel sink with chrome mixer tap
Electric oven and ceramic hob
Indesit 60 cm chimney extractor hood paired with a glass splash back
Integrated fridge freezer
Black Everest Crystal-colored worktops and up-stands
Drawer system featuring a 15mm chipboard base, accompanied by metal enamel coated drawer sides/back
Bathrooms and En-suites:
White hand basin elegantly set in a driftwood vanity unit with a chrome tap
White bath accompanied by a chrome mixer shower, riser rail, and single glass shower screen
Warranty: Checkmate or equivalent (10 Years)
For savvy investors, Manchester presents a remarkable opportunity. This great new development is not just a haven for business and student professionals but also an avenue for savvy investors to capitalize on an impressive 5/6%+ yield.
The city's economic trajectory is noteworthy, with a staggering 67% increase in GDP since 2000. The property market has been equally promising, with house prices experiencing a remarkable 72% growth since 2010. Projections for the future are equally enticing, with an expected 25.7% house price growth from 2022 to 2026.
In the rental market, Manchester has shown remarkable resilience and growth, with rental prices surging by 20% since 2018. Looking ahead, a promising 15.9% rental price growth is anticipated from 2022 to 2026.
In essence, Manchester offers not only a vibrant lifestyle but also an unparalleled investment environment, making it a city where history, innovation, and prosperity converge.
Viewing by appointment Only.
For more information and to view please get in touch. REF :RECHA
Price:Offers Over £270,000
Property Size:732.00 sqft